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Eilidh Whiteford, MP for Banff & Buchan

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North Sea Oil and Gas Has Highest Levels of Investment in 30 Years

Tuesday, 26 February 2013

The SNP has welcomed the North Sea Oil and Gas UK report that shows the highest investment in the industry for more than three decades.

Commenting, Banff & Buchan MP Eilidh Whiteford said:

"For the North Sea Oil and Gas industry to record the highest level of investment in 30 years is a clear demonstration of the continued strength of the sector.

"It makes abundantly clear that George Osborne got it badly wrong in 2011 with his surprise tax raid on the industry and that he was right to heed our calls to undo his damage at the earliest opportunity.

"The oil and gas sector clearly has a bright future ahead of it and with the powers of an independent Scotland we can ensure that these fantastic resources are put to the best possible use on behalf of people in Scotland."

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